UPDATE 1-Kion's poor stock market debut bodes ill for Annington

Newswire

FRANKFURT, June 28 (Reuters) - Shares in German forklift
truck maker Kion fell on their debut on the Frankfurt
stock exchange on Friday, boding ill for next week's proposed
initial public offer of real estate firm Deutsche Annington
.
The stock had been priced at the very bottom of the range of
24 euros ($31.21) to 30 euros, but many investors still sold
holdings in Kion swiftly, driving the stock down 1.3 percent
below the issue price as of 1454 GMT.
...

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